{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-262819","form_type":"8-K","ticker":"MSTR","cik":"0001050446","company_name":"Strategy Inc","filed_at":"2025-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.661705+00:00","generated_at":"2026-05-17T00:49:10.831635+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Strategy Inc plans IPO of €350M 10% Perpetual Stream Preferred Stock (STRE) for bitcoin buys","bullets":["Plans to offer 3,500,000 shares of 10.00% Series A Perpetual Stream Preferred Stock at €100 stated amount per share.","Dividends payable quarterly at 10% annual rate; deferred dividends compound with rate increasing up to 18% per annum.","Net proceeds to be used for general corporate purposes, including acquisition of bitcoin and working capital.","Underwriters include Barclays, Morgan Stanley, Moelis, SG Americas, TD Securities, Canaccord Genuity, and StoneX.","Liquidation preference of €100 per share, subject to daily adjustment based on market price after issuance."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-262819","json":"https://secwatch.observer/filing/0001193125-25-262819.json","markdown":"https://secwatch.observer/filing/0001193125-25-262819.md","text":"https://secwatch.observer/filing/0001193125-25-262819.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525262819/0001193125-25-262819-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525262819/d79833d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:49:10.831635+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}